CORAL GABLES, FL / ACCESSWIRE / December 19, 2018 / The marijuana market has been booming for several years now as legislation falls into place and the public opinion of cannabis shifts as well. With 2019 just around the corner, Premier Health Group (OTC:PHGRF) (CSE:PHGI), Tilray Inc (TLRY), Hemp Inc (OTC PINK: HEMP), and Medical Marijuana Inc (OTC PINK: MJNA) are 4 pot stocks definitely worth looking into before the end of the year.
Premier Health Group, Inc (OTC:PHGRF) (CSE:PHGI) has had a banner month of bullish trading, with shares of the company soaring over 30% since the first of the month. The company has shown laser focus on expanding its operations in the healthcare and cannabis sectors. Earlier this week, the company announced that it had signed a binding LOI to acquire all outstanding securities of Cloud Practice Inc, whose products include Juno EMR, a cloud-based EMR solution; ClinicAid, a medical billing software; and MyHealthAccess, an online patient portal.
Juno EMR builds, hosts, and supports open-source electronic medical record software used by close to 300 clinics, over 3,000 licensed medical professionals, 1,500 staff, and 2,870,000 registered patients.
The company's announcement continues to share that Cloud Practice has a network of dedicated clinicians who provide quality healthcare to their million-patient network. The same communicative framework that has allowed for Cloud Practice's success will create an opportunity for the company to take the lead in the Canadian Telehealth market.
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Tilray, Inc. (TLRY) announced just last week that it was investing in the Quebec-based cannabis producer, ROSE LifeScience Inc. and an exclusive sale, supply, distribution and marketing agreement between high Park Farms Ltd., a wholly-owned subsidiary of Tilray, and ROSE.
The company announced early Tuesday that it has entered into a global supply and distribution agreement for medical marijuana with pharmaceutical behemoth Novartis AG, in a move that indicates big pharma getting to the cannabis industry on a major scale.
The company had a rocky start earlier this week, but broke out of the cycle with an impressive 16% climb, trading at $76.50 per share at the close on Tuesday. Tilray's shares closed 7.75% higher than where it closed on December 14.
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Hemp, Inc. (OTC PINK: HEMP), a global leader in the industrial hemp industry with bi-coastal processing centers including the largest multipurpose industrial hemp processing facility in the western hemisphere, has seen its shares soar this month following federal legalization of hemp on the horizon in the US. The company entered into a majority ownership agreement with JNV Farms LLC for the hep cultivation and processing company in Medford, Oregon.
As the majority owner of the now fully functional hemp cultivation and processing company, Local Processing Center, Inc. (LPC), Hemp, Inc. will be able to create a pipeline of industrial hemp and hemp products in states, where legal, on the West Coast.
Hemp, Inc's shares climbed 3.32% on Monday, closing at 0.0405, up nearly 70% from last month.
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Medical Marijuana (OTC PINK: MJNA) held its annual shareholder meeting at the tail-end of last month, on November 30, 2018, which was ultimately postponed until December 3, 2018, due to a lack of quorum achieved by those present and accounted for.
According to a press release regarding the matter, the reconvening of the company's shareholder meeting successfully took place due to quorum finally being met. During the meeting, all five directors of MJNA were reelected. In addition to the directorial vote, a second proposal waspresented, but failed to receive the necessary votes for approval. In accordance with parliamentary procedure, the Annual Meeting of Shareholders was adjourned indefinitely per the second proposal. This proposal is approximately 1% short of the votes needed for the proposal to pass.
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